Jubilant proposes its next leader

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Aim-listed oil and gas explorer Jubilant Energy yesterday announced the proposed appointment of Rakesh Jain as chief executive, subject to shareholder approval at an extraordinary general meeting on 16 September. Jain is a mechanical engineer and was previously chief operating officer of HDFC Education & Development Services. Prior to that he was chief executive of Suntera Energy Services, an Indian oil and gas explorer.